Agenda - 05-18-2010 - 8b - Laserfiche WebLink

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• Summary of Current Trends in Business Needs • Summary of Slate and Regional Economic Development Priorities, Strategies, and Activities Impacting Orange County Summary of Industry Clusters and Their Role in Orange County Economic Development • Summary of the Role of Local Government in Economic Development • Summary of Economic Development Best Practices Being Implemented by Counties Impacting Orange County Opportunity • Summary Roadmap for ILnplementing Data - Driven Economic Development Policies and Decisions • Collection of UNC Student Research Papers Compilation of Incentive Policies in Force in Surrounding Counties and Municipalities Other Attachments To further assist the County Manager and Commissioners, the EDC will compile an abbreviated archive of correspondence and deliverables exchanged between the EDC and the UNC Department of City and Regional Planning (DCRP). The EDC will submit letters of endorsement from DCRP faculty and local economic development professionals. These additional materials will be made available on or before 18 May 2010. Conclusion I'd like to thank the EDC board members and staff for their commitment, patience, and rigor in taking this initiative from concept to deliverable. I also would like to thank Dr. Meenu Tewari and the students of PL 773 who willingly and enthusiastically embraced the EDC's research proposal and whmn contributed several portions of the final product delivered today. Many thanks also are in order to the Commissioners, area Chamber members, and all who contributed their insights, experience, and expertise, which led to the development of our recommendations and companion deliverables. Lastly, I would like to thank EDC Vice - Chair, Allan Rosen, whose dedication and perseverance was catalyzing and inspirational, and with whom it has been a pleasure and privilege to serve. We look forward to working with the Commissioners and County Managers to achieve shared goals of increasing private investment, jobs, and wealth creation for all of our residents. we believe that Orange County faces tremendous opportunity to convert the present challenge into future prosperity but will benefit from this opportunity only by reaching out to business as true partners rather than adversaries. We look forward to working with the Commissioners and County Managers to achieve shared goals of increasing private investment, jobs, and wealth creation for all of our residents. Respectfully, sly.-_._ Kathleen Ferguson Chair, Orange County Economic Development Commission May 2010 4 1 P a g e